Ireland Blyth Limited (IBL.mu) – Cautionary Announcement

By Published On: October 13th, 2022Categories: Corporate announcement

The Board of Directors of IBL Ltd (the ‘Company’) wishes to inform its shareholders and the public in general that the Company is considering the subscription of a significant stake in the share capital of a retail operator in Reunion Island, directly or through one of its subsidiaries (“the Transaction”).

This Transaction is subject to execution of definitive transaction agreements and the fulfillment of certain conditions. This transaction is not considered to be a Notifiable Transaction under Chapter 13 of SEM’s Listing Rules.

Shareholders and investors are advised to exercise caution when dealing in  the shares of IBL Ltd.

By order of the Board

IBL Management Ltd
Company Secretary
13 October 2022

This Cautionary Announcement is issued pursuant to Listing Rule 11.3 and Rule 5 of the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007.

The Board of Directors of IBL Ltd accepts full responsibility for the accuracy of the information contained in this Cautionary Announcement.

The contents of the post above were obtained from third parties, which We, AfricanFinancials, believe to be reliable. However, We do not guarantee their accuracy and the above information may be in condensed form. The reader is encouraged to refer to the original source of the information, which, in most cases, is in PDF format and on the originating company's letterhead. While We endeavour to replicate the original content accurately, We cannot guarantee the absence of errors in the above article and We disclaim any liability regarding reliance on information provided in this article.

Ireland Blyth Limited (IBL.mu)

Share price: 43.05 MUR ▼ (-0.20 | -0.46% – 17/05/24)

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